Medicare Part A and B Information

2018 Medicare Part B Premium Reimbursement

In 2018, the federal government reports that the standard monthly Medicare Part B premium for most enrollees will be $134.00. Accordingly, NYSHIP will reimburse all Medicare primary enrollees and dependents $134.00 per month in 2018. Certain enrollees will pay a lower standard monthly Medicare Part B premium in 2018 because of federal “hold harmless” protections designed to ensure that increases in premiums do not exceed the amount of an enrollee’s Social Security Cost of Living Adjustment (COLA). In December 2017, enrollees who paid a lower standard monthly Medicare Part B premium in 2017 received a notice from the Department of Civil Service regarding 2018 reimbursement.

Medicare Part D Information

The Federal Medicare Part D program, that provides prescription
drug coverage to Medicare enrollees, took effect on January 1, 2006. The Employee Benefits Division sends a Medicare Part D Prescription Drug
Program letter annually to all active and retired NYSHIP enrollees who are or have a dependent
that is either 64 or older or eligible for Medicare due to disability.